Which DC Owner is Selling Big in NYC?

The owner of the DC region's tallest building may be selling a New York tower. According to Crain's, Rosslyn's own Monday Properties, along with partners Invesco and the National Pension Service of South Korea, is about to put 230 Park Ave—a 1.4M SF tower adjacent to NYC's Grand Central Station—on the open market. Crain's says the building could fetch at least $1.5B. Legendary New York developer Harry Helmsley owned the building for generations.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Tenant Departure Leaves Beleaguered Broad Street Office Over Half-Vacant

Piedmont Realty Exiting Houston Market With Office Dispositions

Supertall Assemblage Comes Together At Long-Vacant Midtown Site: The N.Y. Deal Sheet

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

'It's A World Of Winners And Losers': New Edge CEO Plots Future In A Changed Office Reality

Banks Are Manhattan's Latest Hot Retail Tenant

Broward Lures Office Tenants Away From Miami-Dade

ISIF Commits €100M To IPUT's €500M Office Development Pipeline

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

RXR Marketing Executive Lauren Maturo Dies At 32

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases